Minerva
@minervadae.bsky.social
Macroeconomic news with a focus on Web 3 and other emerging technologies and industries.
"We don't have enemies, what we have are people that need Bitcoin, that don't yet know why they should be our friend." -Saylor
minervadae.com
minervadae.substack.com
"We don't have enemies, what we have are people that need Bitcoin, that don't yet know why they should be our friend." -Saylor
minervadae.com
minervadae.substack.com
Commercial construction starts, per Costar
June 29, 2024 at 4:12 PM
Commercial construction starts, per Costar
Major token unlocks are happening in July including $DYDX, $SUI, $IO, $XAI, $IMX, $APT, $STRK, $ARB, $AXS, $APE, $PIXEL, $WLD, and $ALT with unlocking value exceeding $730 million, per TokenUnlocks and Wu Blockchain
token.unlocks.app
token.unlocks.app
June 29, 2024 at 4:06 PM
Major token unlocks are happening in July including $DYDX, $SUI, $IO, $XAI, $IMX, $APT, $STRK, $ARB, $AXS, $APE, $PIXEL, $WLD, and $ALT with unlocking value exceeding $730 million, per TokenUnlocks and Wu Blockchain
token.unlocks.app
token.unlocks.app
Patent grants by country in 2021, per OBIS
June 29, 2024 at 4:02 PM
Patent grants by country in 2021, per OBIS
13 of the 15 housing markets in the U.S. at the highest risk of a correction on prices are in Florida, per ResiClub
June 29, 2024 at 3:55 PM
13 of the 15 housing markets in the U.S. at the highest risk of a correction on prices are in Florida, per ResiClub
Consider holding quality assets over longer periods instead of day trading, the odds are not in your favor
June 29, 2024 at 3:51 PM
Consider holding quality assets over longer periods instead of day trading, the odds are not in your favor
$2.3 trillion of accumulated savings have been depleted by Americans since August 2021, and excess savings are now below pre-pandemic levels, per Bloomberg
June 29, 2024 at 3:47 PM
$2.3 trillion of accumulated savings have been depleted by Americans since August 2021, and excess savings are now below pre-pandemic levels, per Bloomberg
The companies in the S&P 500 $SPY have added ~$6 trillion in market capitalization in the first half 2024, per WSJ
June 29, 2024 at 3:41 PM
The companies in the S&P 500 $SPY have added ~$6 trillion in market capitalization in the first half 2024, per WSJ
Current mortgage rates as of 6/28/24
June 29, 2024 at 3:23 PM
Current mortgage rates as of 6/28/24
The least affordable housing markets in the world, per voronoi
June 29, 2024 at 3:21 PM
The least affordable housing markets in the world, per voronoi
How the U.S. Dollar system works, per River
June 29, 2024 at 2:43 PM
How the U.S. Dollar system works, per River
The U.S. market cap as a % of world market cap is near an all-time high, per Bloomberg
June 29, 2024 at 2:38 PM
The U.S. market cap as a % of world market cap is near an all-time high, per Bloomberg
A new record low for pending U.S. home sales, per Bloomberg
June 29, 2024 at 2:32 PM
A new record low for pending U.S. home sales, per Bloomberg
On January 7, 2021, the average 30-year mortgage rate was 2.65%, per FRED
Rates have now been ~7% for the last 21 months
Rates have now been ~7% for the last 21 months
June 29, 2024 at 2:29 PM
On January 7, 2021, the average 30-year mortgage rate was 2.65%, per FRED
Rates have now been ~7% for the last 21 months
Rates have now been ~7% for the last 21 months
1.285 million barrels of oil were added to the Strategic Petroleum Reserve (SPR) last week, the largest addition since June 2020, per zerohedge
June 29, 2024 at 2:16 PM
1.285 million barrels of oil were added to the Strategic Petroleum Reserve (SPR) last week, the largest addition since June 2020, per zerohedge
Treasury Bond ETF $TLT saw an inflow of $2.7 billion on Monday (6/24), its largest one-day inflow in history, per Bloomberg
June 29, 2024 at 2:14 PM
Treasury Bond ETF $TLT saw an inflow of $2.7 billion on Monday (6/24), its largest one-day inflow in history, per Bloomberg
The U.S. Dollar Index $DXY is approaching its highest level this year, per Barchart
June 29, 2024 at 3:19 AM
The U.S. Dollar Index $DXY is approaching its highest level this year, per Barchart
U.S. new home construction declined 5.5% to an annual rate of 1.28 million units, the lowest level since June 2020, per Bloomberg
Building permits dropped 3.8% to 1.39 million, the lowest level in 4 years
Building permits dropped 3.8% to 1.39 million, the lowest level in 4 years
June 29, 2024 at 3:11 AM
U.S. new home construction declined 5.5% to an annual rate of 1.28 million units, the lowest level since June 2020, per Bloomberg
Building permits dropped 3.8% to 1.39 million, the lowest level in 4 years
Building permits dropped 3.8% to 1.39 million, the lowest level in 4 years
U.S. renters must earn $66,000+ a year to afford the typical apartment, the 2nd highest amount ever, per Redfin
The median income needed to afford renting is up 24% since 2020
The median income needed to afford renting is up 24% since 2020
June 29, 2024 at 3:08 AM
U.S. renters must earn $66,000+ a year to afford the typical apartment, the 2nd highest amount ever, per Redfin
The median income needed to afford renting is up 24% since 2020
The median income needed to afford renting is up 24% since 2020
Internships have declined from last year in many industries, per Bloomberg
June 29, 2024 at 2:48 AM
Internships have declined from last year in many industries, per Bloomberg
42% of Gen Z, and 47% of millennials say they plan to use debt to finance summer trips, per Bankrate
June 29, 2024 at 2:46 AM
42% of Gen Z, and 47% of millennials say they plan to use debt to finance summer trips, per Bankrate
